Stanley Furniture Co. (NASDAQ:STLY)’s share price hit a new 52-week low during trading on Monday . The company traded as low as $2.00 and last traded at $2.54, with a volume of 437,304 shares. The stock had previously closed at $3.41.

A number of brokerages have commented on STLY. TheStreet lowered shares of Stanley Furniture from a “hold” rating to a “sell” rating in a report on Monday, July 25th. Zacks Investment Research upgraded shares of Stanley Furniture from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 21st.

The stock’s 50 day moving average price is $2.85 and its 200 day moving average price is $2.64. The company has a market cap of $37.78 million and a price-to-earnings ratio of 30.60.

Stanley Furniture (NASDAQ:STLY) last released its earnings results on Monday, July 25th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.09. The business had revenue of $12.05 million for the quarter. The company’s revenue was down 20.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.09 earnings per share. Equities research analysts forecast that Stanley Furniture Co. will post ($0.26) earnings per share for the current year.

The firm also recently declared a special dividend, which was paid on Friday, August 19th. Stockholders of record on Friday, August 12th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Wednesday, August 10th.

Stanley Furniture Company, Inc is a design, marketing and sourcing resource in the wood residential furniture market. The Company’s segment is sale of residential wood furniture products. The Company markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world.

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